Statistics have it that there are over 50,000 concrete businesses in the U.S. This includes massive contractors and smaller ones, ready-mix concrete businesses and mixed – concrete businesses, and everything in-between. Also, it is estimated that the yearly expense to owners for repair, restoration or replacement of concrete could run as high as $18 to $21 billion, in the United States alone.
Don’t let the number of potential competitors discourage you; there are plenty of ways for a new concrete business to carve out a place for itself in the market. The key is starting with a good foundation, and having the foresight to apply the best practices as you move forward from that foundation.
In the United States, there are concrete franchise opportunities currently available for entrepreneurs and business owners who are looking for a solid and continual ROI on their investment. Franchises in the concrete and paving industry tend to have a high cost per job; the average concrete repair job runs from $600 to $1100. (Total Direct Costs Total Indirect Costs Total Overhead) ÷ Total Square Feet Installed = Total Cost Per Square Foot.
Note that by using this formula you are able to create the profit you want to achieve. Have it in mind that most franchise owners’ aim for a net profit margin of 50 percent and that margin is higher than other types of small businesses in the contractor industry. One of the newest and most popular opportunities that surfaced in the concrete industry is decorative resurfacing of existing floors, walls, countertops, walkways, and driveways.
Also note that new stamping techniques have revolutionized the industry, bringing new opportunities to the market. There is currently an exciting group of concrete franchise listing opportunities to consider in the United States. They include;
12 Best Concrete Franchise Opportunities and Their Cost
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1. Garage Floor Coating
GarageFloorCoating.com has created a franchise system that addresses every facet of proﬁtable business ownership, you’ll enter the market poised to succeed. GarageFloorCoating.com is licensed and certified in residential and commercial concrete, licensed and certified in residential and commercial specialty floor coatings, firm – certified by the Environmental Protection Agency, and has earned an A+ rating with the Better Business Bureau (BBB).
Also note that the President is certified by The Society for Protective Coating (SSPC), the leading source of information on surface preparation, coating selection, coating application, environmental regulations and health and safety issues that affect the protective coatings industry.
- Initial Investment: $60,000
2. A – 1 CONCRETE LEVELING
A – 1 Concrete Leveling Inc., established by Mr. Miller in 1992, specializes in all phases of concrete leveling and foundation repair including a patented piercing and bowed basement wall repair system. Note that the company operates in an ecologically sound and environmentally friendly manner. The company’s franchisees use Miller’s technology to level concrete surfaces such as sidewalks, steps, driveways, and runways.
- Initial investment: $120,500 – $150,900
- Royalty Fees: 6%
This is a national franchise system that specializes in the installation of Garage Floor Epoxy Coatings, Garage Storage Cabinets, and Garage Slat – Wall. As storage space within the home becomes satisfied, consumers begin looking at other areas where storage can be optimized, including the garage. Howbeit, home organization products used in the garage are posting some of the fastest growth rates, a continuation of decade – long trends.
Each franchise goes through an extensive 5 – day training program where they learn how easy it is to install the company’s floor coatings and storage products. GarageExperts Franchise Business Coach’s also provides continuing sales, and operations support to ensure our Franchise partners achieves their goals.
- Initial Investment: $42,300 – $178,916
- Liquid Cash Requirement: $40,000 – $250,000
- Initial Franchise Fee: $30,000 – $60,000
- Ongoing Royalty Fee: to 45%
4. CONCRETE CRAFT
Concrete Craft (formerly All American Decorative Concrete) is an affordable decorative concrete franchise backed by Home Franchise Concepts (HFC) and has been making art out of ordinary concrete since 2006. HFC is known for its simplistic business models designed for fast ramp – up, marketing savvy and “family – like” culture. The vision is for HFC companies to be the #1 brand in their respective home service categories.
- Initial investment: $141,790 – $220,070
- Royalty Fees: $300 – $2K/mo.
5. Concrete Technology, Inc.
Concrete Technology Inc. or “Cti” has found its success for over 20 years by providing the support, training and a successful business model commonly found in top tier franchise systems without charging the franchise fees, royalties or advertising expenses commonly associated with these franchises.
This company manufactures a product that fills a niche in the remodelling industry, namely, creating a unique look with an existing concrete surface. Note that this niche has grown rapidly due to customers looking for a cost effective alternative to brick, tile, and slate or even to tearing out and replacing their concrete that has become unsightly.
- Minimum Cash Required: $9,500
- Total Investment: $20,000 – $59,500
SealMaster franchisees manufacture and/or distribute pavement sealer and a full line of pavement maintenance products and equipment to professional contractors; city, state and federal road departments and others charged with maintaining pavement and sport surfaces. SealMaster franchisees ARE NOT CONTRACTORS. SealMaster franchisees are suppliers only and do not install the products.
- Initial Investment: $650,000
- Total Investment: $650, 000
7. Garage Force
This company started offering franchise opportunities in 2014 as an expansion of its successful business model in the Minneapolis, MN market. Over the past five years, Garage Force has grown a reputation as the best and most dependable concrete floor coatings installers. Offering concrete coatings for both residential and commercial applications, our franchises have access to the proven business model crated by Garage Force offering outstanding revenue, profitability and growth potential
- Minimum Cash Required: $50,000
8. Jet – Black
This is the national leader in asphalt (black – top) seal coating and repair. All Jet – Black locations are locally owned and operated by a member of your community. Services include seal coating, crack repair, joint repair, power cleaning, oil treatment, sunken asphalt repair, line striping, infrared repair, and more asphalt maintenance services.
Residential seal coating (driveway sealing) and black – top maintenance, as well as commercial (parking lot, town homes, etc.) seal coating and asphalt repair are provided by your local Jet Black dealer.
- Initial Investment: $43,025
- Liquid Cash Requirement: $20,000
Right from year 2000, Mr. Handyman franchise owners have been orchestrating their own teams of handyman “heroes” in communities across America. Today, the Mr. Handyman brand is the modern – day handyman solution for tens of thousands of customers per year, catering to a growing population of aging Baby Boomers, coming – of – age Millennial, and every maintenance – minded homeowner in between.
Mr. Handyman franchisees are self – sufficient, business leaders that take pride in contributing to their communities while creating an entrepreneurial lifestyle they can control without lifting a hammer.
- Minimum Cash Required: $60,000
- Total Investment: $117,500 – $149,100
- Franchise Fee: $59,900
10. Precision Concrete Cutting
Established In 1992 in Provo, Utah, Precision Concrete Cutting has received six patents from the U.S. Patent and Trademark Office and is a fast growing nation – wide group of trip hazard removal specialists that have removed uneven concrete trip hazards from over 10,000 miles of sidewalk.
- Initial Investment: $150,000
- Net – worth Requirement: $150,000
- Liquid Cash Requirement: $72,000
11. Xpedite Coating
When you need an expert to apply epoxy, polyurethane, polyaspartic, and performance coatings for all types of flooring solutions, Xpedite Coatings is the only company to choose for quality and excellence. They can coat residential garage floors and retail flooring, commercial floors, and industrial concrete floors in the Greater Houston Area and in the Dallas – Fort Worth Area.
Franchise training consists of a combination of classroom, online and field learning. Your two weeks of comprehensive franchise training are spread over the course of several months to promote maximum retention and franchise success.
- Initial Investment: $78,350
- Total Investment: $78,350 – $100,000
12. The Driveway Company
The Driveway Company is a one – stop opportunity for concrete repair and maintenance needs. This company have been repairing and renewing driveways for over 30 years. You can join this franchise and enjoy the fun and incentives that comes with a proven model in a lucrative industry.
- Minimum Cash Required: $50,000
- Total Investment: $83,465 – $156,555
- Franchise Fee: $54,900
One of the top features about owning a concrete franchise includes the fact that the materials have a limited lifespan and are always in need of upgrades due to breaks, cracking and general wear. However, make sure to choose a franchise that suits your business goals and ensure to make thorough research before making any investment.